All of our offices will close at 3pm today, Monday, January 28, 2019 due to Snowstorm Beth.
State Bank of Chilton

Business Savings & Checking Rates

At State Bank of Chilton, we are proud to offer competitive rates to help you meet your saving, investment and retirement needs. Questions? We are here to help. Contact a member of our team, today.
 
Rates Current as of October 1, 2019
         
Business Savings Account Any Amount Any Amount 0.10** 0.10
SBC Biz Choice Any Amount
$0.00 to $999.99 0.05** 0.05
$1,000.00 to $9,999.99 0.10** 0.10
$10,000 to $24,999.99 0.15** 0.15
$25,000 or More 0.25** 0.25
SBC Biz Money Market Any Amount
$0.00 to $9,999.99 0.10** 0.10
$10,000 to $24,999.99 0.25** 0.25
$25,000 to $99,999.99 0.30** 0.30
$100,000.00 to $249,999.99 0.40** 0.40
$250,000.00 & $999,999.99 0.50** 0.50
Account Type Minimum Deposit to Open Account Minimum Balance to Obtain APY Annual Percentage Yield (APY) Interest Rate
Certificates Of Deposit
         
30-day  $1,000.00  $1,000.00  0.05 0.05
60-day  $1,000.00  $1,000.00  0.10 0.10
90-day  $1,000.00  $1,000.00  0.25 0.25
182-day  $1,000.00  $1,000.00  1.00 1.00
1-year  $1,000.00  $1,000.00  1.51 1.50
2-year  $1,000.00  $1,000.00  1.61 1.60
3-year  $1,000.00  $1,000.00  1.75 1.74
4-year  $1,000.00  $1,000.00  1.75 1.74
5-year  $1,000.00  $1,000.00  1.75 1.74
 
         
         

*Inquire about additional rate tiers.  ** The interest rate and annual percentage yield may change after the account is opened. State Bank of Chilton uses the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day. A penalty may be imposed for early withdrawal of time deposit accounts. Fees could reduce the earnings on an account. Review account disclosures for specific account information.  Ask us for further information about any of these accounts.